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Which of the following items is not a type of accounting change? Multiple Choice Change in accounting principles used; for example, a change from LIFO
Which of the following items is not a type of accounting change?
Multiple Choice
Change in accounting principles used; for example, a change from LIFO to FIFO.
Change in the majority owner of the company.
Change in accounting estimate; for example, a change in the useful life or salvage value of a depreciable asset.
Change to consolidated financial statements from individual financial statements.
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